Brexit

World

Global Britain can show the world the way to prosperity

I was at the UN general assembly in New York the other day and talking to the foreign minister of another country. I won’t say which one, since I must preserve my reputation for diplomacy. But let’s just say they have an economy about the size of Australia (though getting smaller, alas), plenty of snow, […]

Economics

Hammond sounds a note of caution amid the Brexit euphoria

Somebody had to dilute the intoxicating cocktail of Brexit triumphalism being served up at the Conservative Party conference, and the new chancellor Philip Hammond was the man. Never the most dazzling of orators, he nonetheless managed to fill the hall of the International Conference Centre in Birmingham, so the audience had to spill over to […]

Economics

How the world conquered the City

‘Crash Bang Wallop: The Inside Story of London’s Big Bang and a Financial Revolution that Changed the World’ by Iain Martin (Sceptre) In 1986, at the height of the greatest deal-making frenzy the City of London had ever seen, the US brokerage giant Salomon Brothers was in advance negotiations to buy the venerable British firm […]

Politics

Could Britain get a truly liberal party?

You’ve got to be pretty hardy to have attended the Lib Dems’ conference in Brighton this week. While the party can proudly point to some genuine success in council by-elections, it is a paltry force in Parliament, gets consistently pulverised in national polls, and (for the second time in the space of a few years) […]

Defence

If this is what the EU is like, no wonder Britain is leaving

Along with my Cato Institute colleague, the economist Daniel Mitchell, I spent the last weekend in Prague, at the annual meeting of the Alliance of European Conservatives and Reformists. The AECR is comprised of European political parties that are committed to “individual liberty, national sovereignty, parliamentary democracy, the rule of law, private property, low taxes, […]

Politics

Why Britain should play the long game with its Brexit strategy

Britain’s Brexit negotiating position – imposing limits on freedom of movement, while simultaneously seeking free single market access in goods and services – is difficult, if not impossible, to square with the four freedoms entrenched in EU treaty law. Freedom of movement for people, goods, services, and capital within the EU single market is an […]

Government

The UK Border Force is ill-equipped to take back control

In the coverage for our new report on the UK Border Force, “The Border After Brexit”, it’s understandable that most newspapers focused on its security failings. It’s obviously worrying and noteworthy that potentially thousands of high-risk flights are being missed, and no note of this is being made. But this is best understood as one symptom […]

Europe

What should, could and will Cameron get from his EU renegotiation?

With a Conservative majority and all the Labour leadership candidates saying they support a referendum on our EU membership, it now seems certain we shall have one in either 2017 or 2016. The options will be to either leave or stay on the terms secured in a renegotiation, which is apparently to be completed by this […]

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